196 Elgin Mills Road photo 1

196 Elgin Mills Road

Westbrook / Richmond Hill, ON L4C 4M2

ActiveFor Sale
0 Beds
0 Baths
1 Sq Ft
Land

About This Property

This nearly 1-acre site boasts an impressive 123 feet of frontage and is ideally positioned just steps from Yonge Street. Located in one of Richmond Hill's most sought-after corridors, the property offers outstanding potential for residential redevelopment. Potential for 14 freehold townhouses. Drawings available. Surrounded by established neighbourhoods, transit, amenities, and major growth infrastructure, this is a rare opportunity for builders, developers, and investors to secure a prime infill site in a high-demand location. Don't miss this exceptional investment opportunity in a rapidly evolving area.

Property Details

StatusActive
Property TypeLand
Listing TypeFor Sale
Interior Size1 sq ft
Bedrooms0
Bathrooms0
Postal CodeL4C 4M2
Last UpdatedAug 8, 2026 · 8:51 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N12839098

Listed by VANGUARD REALTY BROKERAGE CORP.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$2,900,000

asking price

MLS®N12839098
TypeLand
CityRichmond Hill
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$14,161

/month · $2,320,000 mortgage

Down Payment20% — $580,000
Interest Rate5.5%

Amortization

Total Interest

$1,928,325

Total Cost

$4,248,325

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

VANGUARD REALTY BROKERAGE CORP.